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J&K High Court seeks report in Rs 42 cr embezzlement case
Jammu, Nov 14: The Jammu and Kashmir High Court today directed state crime branch to submit progress report on December 01 in connection with Rs 42 crore embezzlement by nine private financial institutions in Jammu.
Jammu, Nov 14: The Jammu and Kashmir High Court today directed state crime branch to submit progress report on December 01 in connection with Rs 42 crore embezzlement by
nine private financial institutions in Jammu.
The division bench of J&K High Court comprising Chief Justice (acting) Justice V K Jhanji and Justice Y P Nargotra passed these directions in a letters patent appeal filed by Jagjit Singh and others in which the appellants do not wish to pursue with this appeal.
The court, however, on going through order dated October 17, 2002 found that this was not a case where the appellants should be permitted to withdraw the appeal. It may be recalled that nine private financial companies have embezzled depositors money to the tune of Rs 42 crore in Jammu in 2001.
The court requested senior advocate S S Lehar to assist the court in this matter to speed up disposal of the case.
The court had directed the Director General of Police (DGP) on September 17, 2003 to transfer the investigation in the case to the crime branch, Jammu. SSP crime branch was directed to depute an officer, not below rank of deputy superintendent of police, to investigate the matter and submit report on the next date of hearing.
Since the report was not submitted, the division bench directed the additional advocate general to direct the investigating officer to present report and details of the investigations till date in the court on next hearing on December 01.
Bureau Report
The court, however, on going through order dated October 17, 2002 found that this was not a case where the appellants should be permitted to withdraw the appeal. It may be recalled that nine private financial companies have embezzled depositors money to the tune of Rs 42 crore in Jammu in 2001.
The court requested senior advocate S S Lehar to assist the court in this matter to speed up disposal of the case.
The court had directed the Director General of Police (DGP) on September 17, 2003 to transfer the investigation in the case to the crime branch, Jammu. SSP crime branch was directed to depute an officer, not below rank of deputy superintendent of police, to investigate the matter and submit report on the next date of hearing.
Since the report was not submitted, the division bench directed the additional advocate general to direct the investigating officer to present report and details of the investigations till date in the court on next hearing on December 01.
Bureau Report